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  3. Vashishtha Luxury Fashion IPO
Vashishtha Luxury Fashion logo

Vashishtha Luxury Fashion

Upcoming
Upcoming

IPO Timeline

Issue open date

5 Sep 2025

Issue close date

10 Sep 2025

UPI mandate deadline

10 Sep 2025

Allotment finalization

11 Sep 2025

Refund initiation

12 Sep 2025

Share credit

14 Sep 2025

Listing date

15 Sep 2025

Mandate end date

25 Sep 2025

Lock-in end date for anchor investors (50%)

11 Oct 2025

Lock-in end date for anchor investors (remaining)

11 Dec 2025

Key Dates

Open
5 Sep 2025
Close
10 Sep 2025
Listing
15 Sep 2025

Quick Stats

Issue Size:8cr
Lot Size:1200 shares

Issue Details

Issue Size:8cr
Face Value:₹10
Listing At:BSE SME

Reservation

50%
QIB
15%
NII
35%
Retail

Additional Resources

RHPRead(Opens in a new tab)
DRHPRead(Opens in a new tab)

About the Company

Vashishtha Luxury Fashion is engaged in exporting high fashion hand embroidery work, accessories and finished garments to international markets including Europe, UK, USA, Australia and Turkey. The company operates as a 100% export house, serving couture and prêt-à-porter brands with customised designs in the apparel segment. Founded originally as Vashishtha Exports in 2010, the company was incorporated as a limited company in 2022 and employs 26 staff members with 90 skilled embroidery workers on contractual basis.

Strengths

  • Consistency in quality through standardised processes and skilled craftsmanship ensuring reliable output
  • Rich management experience and skilled team with over a decade of industry expertise
  • Customer centric business model focused on customised designs and long-term client relationships
  • Smooth flow of operations with integrated production facilities and efficient workflow management
  • Scalable business model with capacity to expand production and serve growing international demand

Risks

  • Business is subject to seasonality with lower revenues during festive periods adversely affecting operations
  • Heavy dependence on few customers making the company vulnerable to loss of major clients
  • Concentration risk with significant revenue from specific countries affecting business stability
  • Outstanding unsecured loans of ₹27.99 lakhs as of March 2025 that can be recalled anytime
  • Currency fluctuation risks due to 100% export orientation impacting profitability

Vashishtha Luxury Fashion IPO – Frequently Asked Questions

  • The price band for the Vashishtha Luxury Fashion IPO is set at ₹109 to ₹111 per share.
  • The Vashishtha Luxury Fashion IPO opens on September 5, 2025 and closes on September 10, 2025.
  • The tentative listing date for the Vashishtha Luxury Fashion IPO is September 15, 2025.
  • You can apply for the Vashishtha Luxury Fashion IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Vashishtha Luxury Fashion, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Vashishtha Luxury Fashion IPO is 1200 shares. Investors must apply for at least one lot (i.e., 1200 shares).